Capital regulation is the core of the banking supervision. Based on the global banking regulatory framework of Basel Capital Accord, the author elaborates the status quo of China's commercial bank capital regulation. Through introducing the management strategies used for capital regulation of foreign commercial banks, the author analyzes the impact of capital regulation on the operation and management of the commercial banks in China, and argues that our commercial banks should take three management strategies ranging from the capital raising, the asset securitization to the new management model.